SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Creative Computers(MALL) -- Ignore unavailable to you. Want to Upgrade?


To: kennny who wrote (1175)12/7/1998 4:44:00 PM
From: Mad2  Read Replies (1) | Respond to of 1634
 
Kenny the information your looking for is contained in the S-1 filing below:

edgar-online.com

Here's the answer on the distribution (from the S-1):
"The Company is currently a wholly-owned subsidiary of Creative Computers,
Inc. (the "Parent"). Upon completion of the Offering, the Parent will own
approximately 82.3% of the outstanding shares of Common Stock (80.1% if the
Underwriters exercise their over-allotment option in full). The Parent has
announced its intention, subject to satisfaction of certain conditions, to
divest its ownership interest in the Company in 1999 by means of a tax-free
distribution to its stockholders but in no event prior to 180 days after
consummation of the Offering. Only holders of the common stock of the Parent
will receive shares of Common Stock in the tax-free distribution. Such
distribution may adversely affect the market price of the Common Stock. See
"Risk Factors," "Separation from the Parent" and "Certain Transactions." "



To: kennny who wrote (1175)12/7/1998 6:34:00 PM
From: Jonathan S. Feingold  Read Replies (1) | Respond to of 1634
 
I bought 50 shares of MALL at 59 last Monday morning and 50 shares at 27 last Friday. Will it go back up? What caused it do drop this past week from 59 to 23. I read over Thanskgiving weekend that the UBID IPO would drive MALL up. Instead MALL dropped like a rock last week. Why?
For my 100 MALL shares how many UBID shares do I get?

Jonathan